Business Standard

Sci Glides Forth On Selloff Sails

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BUSINESS STANDARD

The Shipping Corporation of India (SCI) share moved up for the 2nd day today, piggybacking a rally at public sector counters. This follows a retracement spell seen in the past few sessions.

SCI gained 9.42 per cent to close out at Rs 94.65 on the Bombay Stock Exchange (BSE) today. Around 13.59 lakh shares changed hands on the BSE and 32.46 lakh shares were dealt on the National Stock Exchange.

In the last few sessions, the SCI stock has declined on concerns that its divestment may be delayed. However, disinvestment minister Arun Shourie

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First Published: Jul 02 2002 | 12:00 AM IST

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